Sprint Nextel is currently struggling to maintain its subscriber base and
profitability. Many see the waning popularity of the Sprint Nextel service as a
side effect of poor customer service among other things.

In addition to 4,000 employees losing their jobs, three of Sprint’s top
executives were ousted as well. Chief Financial Officer Paul Saleh, Chief
Marketing Officer Tim Kelly and president of sales and distribution Mark
Angelino are stepping down.

The Wall Street Journal also reports that Senior Vice President and
Controller William Arendt will step in as interim CFO. Sprint Chief Executive
Dan Hesse said, “Permanent leaders will be named in conjunction with a review
of overall strategy and an effort to streamline operations. I have no predetermined
timeframe in filling these positions but plan to act as quickly as possible as
I consider both internal and external candidates."

Rumors circulated last week that Sprint might be considering a cut back of
its newly announced WiMAX
service dubbed XOHM to help cut costs. Sprint did not comment on if that
would still happen.

"Well, we didn't have anyone in line that got shot waiting for our system." -- Nintendo of America Vice President Perrin Kaplan